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I could use some advice on whether I am wasting my time pursuing a PPI claim. The continued encouragment of 'millions unclaimed' has got me wondering............

I am 95% sure that I have not had a policy. My CC balances were always cleared at the end of a month. If the policy was obvious on the application I would have declined it, and I am sure I would notice any charges on the statement.

The credit cards potentially affected date between late 90's and late 2000's. I no longer have any of them, and may or may not have account details on file. They were with egg and NatWest.

So...........
Would the policy be so well hidden that I would not have noticed it?

If I don't have the account details, will I be able to successfully get this info from the providers or are my records likely to have been deleted by now?

Given that it is unlikely that I have a policy, what do I loose by engaging a CMC to do the initial digging, and if I am wrong and there is a policy, then pursuing it myself?

That is important. If you had PPI, it was charged on the borrowed balance outside of the interest free period. By paying in full, you never borrowed beyond that. So, PPI would not be levied.

“

Would the policy be so well hidden that I would not have noticed it?

”

it would be a transaction on the statement.

I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from a Financial Adviser local to you.

Just to point out to anyone readin this, CMCs do not 'dig' for anything. They ask YOU the information, then they send a complaint in exactly the same way to exactly the same people that YOU would, except they charge upwards of 30% for it.

Once again...they have NO special powers, they do not investigate anything, they use the same complaints process you would.

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